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Manav infra projects (NSE:MANAV) Shiller PE Ratio : (As of Jun. 02, 2024)


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What is Manav infra projects Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manav infra projects Shiller PE Ratio Historical Data

The historical data trend for Manav infra projects's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Manav infra projects Shiller PE Ratio Chart

Manav infra projects Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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Competitive Comparison of Manav infra projects's Shiller PE Ratio

For the Engineering & Construction subindustry, Manav infra projects's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manav infra projects's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Manav infra projects's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manav infra projects's Shiller PE Ratio falls into.



Manav infra projects Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Manav infra projects's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Manav infra projects's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.875/146.8646*146.8646
=0.875

Current CPI (Mar23) = 146.8646.

Manav infra projects Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.300 91.425 0.482
201503 0.006 97.163 0.009
201603 0.890 102.518 1.275
201703 1.509 105.196 2.107
201803 1.850 109.786 2.475
201903 0.640 118.202 0.795
202003 -8.640 124.705 -10.175
202103 -0.960 131.771 -1.070
202203 -6.040 138.822 -6.390
202303 0.875 146.865 0.875

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Manav infra projects  (NSE:MANAV) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Manav infra projects Shiller PE Ratio Related Terms

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Manav infra projects (NSE:MANAV) Business Description

Traded in Other Exchanges
N/A
Address
Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is engaged in civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work, and others.

Manav infra projects (NSE:MANAV) Headlines

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